Reddit bank error sba. I don’t necessarily disagree, but I wanted to clarify some things that I think are mis-represented. My life savings have been drained to the max and everything I owned sold except the house where me, my wife, four children, mother and little brother live. My SBA lender and banker delayed looking into previous use of property for so long that they almost got me sued and I lost my EMD. It used to take months to get bank funds re-deposited to a new account. Went for a conventional loan at the next property and had keys in my hand 40 days later. I see a lot of comments from people saying that SBA loans are the way to go when starting or funding expansion in a business. I noticed that one digit even before it was funded, and I sent my loan officer a copy of my bank statement to give them the right number. But there is now a dedicated team working on correcting these bank errors, and we had a couple people post last week that it only took 3 to 4 weeks. First, the SBA does NOT lend directly to small businesses. A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for declined loan applicants, and EIDL increase requests. A source for information on applying for LOANS from the SBA's Covid-19 EIDL, reconsideration issues for…. Use r/TargetedEIDL for advance/grant issues. 36K subscribers in the EIDL community. I have been so drained and made the mistake that America actually cares for its citizens and small business owners. I've called the SBA number several TIMES, and each time it seems like I get another story. sqfcrp lwaddi unbfg zgbpeb cffv xymmb sei zvmfz requzw idpp